---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-159091"
form_type: "8-K"
ticker: "IMAX"
cik: "0000921582"
company_name: "IMAX CORP"
filed_at: "2025-07-15T23:59:59+00:00"
generated_at: "2026-05-18T06:35:26.493316+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# IMAX enters new $375M credit facility maturing 2030 with accordion to $515M

## Summary
- New Seventh Amended and Restated Credit Agreement increases revolving borrowing capacity to $375M.
- Uncommitted accordion feature allows expansion up to $515M or more via revolving or term loans.
- Facility matures July 14, 2030, with springing maturity if certain convertible debt exceeds $100M.
- Interest rates: Term SOFR, Eurocurrency, or Term CORRA plus 1.00%-1.75% or base/prime plus 0.25%-1.00%.
- Company drew $52M at closing to repay prior facility; proceeds also for working capital and general corporate purposes.

## SEC filing metadata
- accession: 0001193125-25-159091
- form_type: 8-K
- ticker: IMAX
- cik: 0000921582
- company_name: IMAX CORP
- filed_at: 2025-07-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/921582/000119312525159091/0001193125-25-159091-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/921582/000119312525159091/d72514d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-159091
- JSON: https://secwatch.observer/filing/0001193125-25-159091.json
- Plain text: https://secwatch.observer/filing/0001193125-25-159091.txt

## Key facts
- Debt Financings
  IMAX CORP incurred revolving credit of $375 million with Wells Fargo Bank, National Association, as agent at Term SOFR, Eurocurrency Rate or Term CORRA plus a margin ranging from 1.00% to 1 maturing July 14, 2030.
  - Instrument: revolving credit
  - Principal: $375 million
  - Counterparty: Wells Fargo Bank, National Association, as agent
  - Rate: Term SOFR, Eurocurrency Rate or Term CORRA plus a margin ranging from 1.00% to 1
  - Maturity: July 14, 2030
  - Event: incurrence
  source text: On July 14, 2025, IMAX Corporation (the “Company”) entered into a Seventh Amended and Restated Credit Agreement (the “New Credit Agreement”) with Wells Fargo Bank, National Association, as agent, and a syndicate of lenders party thereto. The New Credit Agreement increases the Company’s revolving borrowing capacity to $375 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/921582/000119312525159091/0001193125-25-159091-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.